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Explain market orders, limit orders, and stop orders. How are they different from one another?

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Finance

Explain market orders, limit orders, and stop orders. How arethey different from one another?

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Meaning Market order This is one simplest order type used by the traders where they can buy or sell the security at prevailing or current market price To avoid any losses continues market observation is necessary Through market orders one can get the best available price at specific point of time for particular security Limit orders Limit order carries the special feature where one can set the limit to execute the order The    See Answer
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Explain market orders, limit orders, and stop orders. How arethey different from one another?

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